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cmaster
IICRC Instigator Joined: 29/January/2004 Location: Canada Status: Offline Points: 29693 |
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I think that's what he means
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MR. STEAMER
True Patriot Only in the GTA Joined: 03/March/2004 Location: Canada Status: Offline Points: 14549 |
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doug should know all about that... he's in the witness protection program
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www.mr-steamer.com
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cmaster
IICRC Instigator Joined: 29/January/2004 Location: Canada Status: Offline Points: 29693 |
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Living large
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doug
King of the One Liners Just My opinion Joined: 31/January/2004 Status: Offline Points: 32711 |
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I have been slowly getting smaller?
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Just My opinion
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cmaster
IICRC Instigator Joined: 29/January/2004 Location: Canada Status: Offline Points: 29693 |
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Losing some weight, are you?
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KingCarpetClean
Newbie Joined: 14/August/2023 Status: Offline Points: 30 |
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Your accountant is onto something here. If you record those giveaways on the bill as a part of the transaction, it can be considered a business expense or a promotional cost, potentially lowering your taxable income.
Many businesses do leverage this strategy, especially in service industries. It's mutually beneficial. You're offering a little extra value to your customers, and at the same time, you're playing the tax game smartly. Best Regards, KingCarpetClean |
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